European Stage
Navigating Opportunities in Climate Change: an Electric Mobility Case Study
Day 1 : 15:30 – 16:10
In the race to achieve net zero, electric vehicles (EVs) are pivotal for decarbonising road transportation, which contributes significantly to global emissions. Technological advancements are enhancing the lifecycle and circularity aspects of EVs and batteries, making them greener at scale. Additionally, decreasing manufacturing costs are set to drive mass adoption.
Affordability is crucial for the success of EV companies, and substantial cost reductions are occurring across the entire EV value chain in China and Europe, where combined sales accounting for 80% of global EV sales. BNP Paribas experts project a USD800 billion global EV value chain by 2030.
What are the current challenges faced by the auto and EV companies, especially those aiming to expand internationally? How does finance support the trillion dollar CAPEX required for the industry, and what is the latest investor sentiment on the sector? What potential catalysts could accelerate EV progress or adoption?
Join us for a discussion with Geely and Invesco to explore these topics.
Learnings
- What are the latest trends and development in green mobility?
- Potential catalysts for accelerating EV progress or adoption.
- How auto companies are navigating global expansion challenges?
Post-event Actions
- Gain insights into the USD 800 billion global EV value chain, including its success, challenges, and future outlook.
Speakers
Moderator
Chaoni Huang
MD, Head of Sustainable Capital Markets APAC
Chaoni Huang
MD, Head of Sustainable Capital Markets APAC
As Head of Sustainable Capital Markets Asia Pacific, Chaoni leads BNP Paribas’ sustainable finance solutions across asset classes for corporates, financial institutions and investors. Leading a growing Sustainable Capital Markets team and working with Global Markets, Capital Markets Group and coverage teams in Asia Pacific and the Bank’s global sustainable finance community, Chaoni drives BNP Paribas’ continued expansion and leadership in Asian sustainable capital markets.
Chaoni is an industry veteran with over 15 years of experience in sustainable finance having held various ESG-related roles at Natixis, S&P Trucost, MSCI and the United Nations. In addition to her role at BNP Paribas, Chaoni is also highly involved in the forwarding Asia’s ESG agenda through driving the development of sustainable finance ecosystems, education and advocacy in the region. She is Executive Vice President of the Hong Kong Green Finance Association and was a guest researcher at both the Green Finance Center at Tsinghua University and the China Economy and Sustainable Development Centre at the Cheung Kong Graduate School of Business. In 2023, Chaoni was awarded the Best Sustainable Finance Banker in HKSAR by FinanceAsia and received the 2024 Women in Finance Excellence in Sustainability Award from Markets Media.
Chaoni received her Bachelor of Economics from the University of Warwick.
Norbert Ling
Portfolio Manager – Sustainable and Impact Investing
Invesco
Norbert Ling
Invesco
Portfolio Manager – Sustainable and Impact Investing
Norbert is a portfolio manager in Invesco Fixed Income Asia Pacific. He is responsible for developing and managing the sustainable and impact investing portfolios in the region. He is the co-manager of the Invesco Sustainable China Bond Fund
Prior to joining Invesco, Norbert was the lead ESG portfolio manager for BlackRock European Fixed Income Team and portfolio manager for BlackRock’s ESG Euro Corporate Bond. In addition, Norbert was the European Lead of the Global Fixed Income ESG Implementation Committee at BlackRock, responsible for driving ESG integration. He began his career at BNP Paribas as a credit analyst.
Norbert earned a BSc in Economics from London School of Economics and Political Science in 2010. He is a CFA Charter holder.
With thanks to
BNP Paribas
Booth E32
Co-Headline Sponsor for the European Stage
BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards. We offer secure, sound and innovative financial solutions to individuals, professional clients, corporates and institutional investors while striving to address the fundamental challenges of today with regard to the environment, local development and social inclusion.
In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 20,000 employees* and a presence in 13 markets, BNP Paribas offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
* excluding partnerships
Our sustainability goals for 2024:
Determined to align its credit portfolio with net-zero trajectories and support the global transition to a low-carbon economy, BNP Paribas is committed to significantly reducing the greenhouse gas emission intensity of its financing in high-emission sectors.
In 2022, the Group set targets to decarbonise its portfolio in three key sectors: oil and gas, power generation and automotive. By the fourth quarter of 2023, it had already met its 2025 exposure reduction targets for the oil and gas sectors. In 2023, new targets were established for the steel, aluminium and cement production sectors.
This year, BNP Paribas is extending its commitments to three additional key sectors: aviation, shipping and commercial real estate. By 2030, the Group targets to reduce its portfolio emissions intensity by 18% for air transport, 23% for maritime transport and 31% for commercial real estate, all compared to the 2022 baseline.
As of September 2023, low-carbon energies account for 65% of BNP Paribas’ energy exposure. Low carbon energies, which produce minimal to no greenhouse gases, include renewable energies, biofuel and nuclear energy. Notably, the Group’s financing for renewable energy has surpasses its financing for all fossil fuels. The initial 80% target for low-carbon set for 2030 has been advanced to 2028, with an updated goal of 90% by 2030.
Find out about our progress: https://group.bnpparibas/en/sustainable-finance-follow-our-progress-in-figures
Solutions Showcase:
- Green Finance & Investments
UN SDG goals that we align with:
- SDG 1 No Poverty
- SDG 2 Zero Hunger
- SDG 3 Good Health and Well-being
- SDG 4 Quality Education
- SDG 5 Gender Equality
- SDG 6 Clean Water and Sanitation
- SDG 7 Affordable and Clean Energy
- SDG 8 Decent Work and Economic Growth
- SDG 9 Industry, Innovation and Infrastructure
- SDG 10 Reduced Inequalities
- SDG 11 Sustainable Cities and Communities
- SDG 12 Responsible Consumption and Production
- SDG 13 Climate Action
- SDG 14 Life below Water
- SDG 15 Life on Land
- SDG 16 Peace, Justice and Strong Institutions
- SDG 17 Partnerships for the Goals
Legal Name: BNP Paribas
